WEBINAR: KYC - managing the cost of compliance

Experts to discuss strategies for getting the most KYC bang for the buck.

In an upcoming live audio webinar co-hosted by Markit |Genpact and FinanceAsia's Brand Editor Alison Tudor-Ackroyd, the CEO of Markit |Genpact KYC Services John May talks to guest panelist Robert Benyo, Managing Director of Group Operations at UBS, about “Know your Customer” (KYC) protocols and the costs associated with compliance.

It is incumbent on compliance officers to meet KYC requirements, now an integral part of due diligence processes with respect to onboarding clients, in a manner that does not place undue strain on bottom lines.

In Asia Pacific, with its multiple geographies and varying regulatory regimes, local, regional and global rule changes place additional pressures on margins already stretched by rising labour costs and other operational overheads.

The webinar is timely as companies dedicate more energy and resources to shoring up their compliance regimes. It will focus on resolving delays in client onboarding due to KYC compliance; asking if it’s possible to comply with local and global regulations without exponentially increasing costs; and exploring emerging industry solutions and trends.